Tag Archives: Energy

#Canada #Nickel posts country’s top metal district

A close-up view of rocky terrain with the word 'NICKEL' prominently featured, incorporating a maple leaf design and a Canadian flag in the corner.

Two new initial resources for Canada Nickel’s (TSX-V: CNC; US-OTC: CNIKF) sulphide deposits in northern Ontario now make its Timmins Nickel District the largest undeveloped nickel base in the country and among the largest globally by contained metal.

The Bannockburn deposit hosts 63 million indicated tonnes grading 0.28% nickel for 180,000 tonnes of contained metal, and 129 million inferred tonnes at 0.27% nickel for 340,000 contained tonnes, the company reported Thursday.

Midlothian holds 595 million inferred tonnes grading 0.28% nickel for 1.68 million tonnes of nickel.

Those resources bump the total contained nickel across the company’s eight projects by about 12% to 20.9 million tonnes.

Globally, the Timmins District tops The Metals Company’s (Nasdaq: TMC) resource for its seabed Clarion-Clipperton Zone project that hosts an estimated 15.5 million contained tonnes of nickel and other critical metals.

Read more at: https://www.northernminer.com/news/canada-nickel-posts-countrys-top-metal-district/1003885825/

#US-#Tanzania push aids Lifezone’s #Kabanga #Nickel build

An underground mining scene showcasing a nickel deposit, featuring mining trucks, machinery, and flags representing the U.S. and a country with a green, yellow, and red design.

Kabanga is an underground nickel sulphide deposit – higher grade and less energy-intensive to process than Indonesia’s surface laterites, which typically require high-pressure acid leach processing methods. That ore-type difference underpins Kabanga’s cost profile.

Kabanga hosts proven and probable reserves of 52.2 million tonnes grading about 2% nickel, 0.27% copper and 0.15% cobalt.

Read more at: https://www.northernminer.com/news/us-tanzania-push-sharpens-focus-on-lifezones-kabanga-nickel-build/1003885677/

#US minerals projects seek ‘industrial vision’ from #Washington to compete with #China

 

A serious-looking man in a black jacket holding a mineral sample, with a backdrop featuring the maps of the U.S. and China, representing the competition in the minerals sector.

Washington must move even faster to bolster critical minerals projects and offset Beijing’s grip on the world’s supply of the building blocks for electronics, weapons and a range of other goods, three U.S. mining and refining executives said on Thursday.

The push underscores how Washington’s surging support this year for the sector – including taking stakes in mining companies and guaranteeing a price floor for the only U.S. rare earths mine – is falling short of what industry leaders say is needed amid intense Chinese competition.

Executives from Perpetua Resources, American Rare Earths and Westwin Elements told the Reuters NEXT conference in New York that the U.S. government should release a comprehensive minerals plan, pressure Indonesia to trim nickel production, and speed up the time for the U.S. Export-Import Bank and other agencies to approve loan funding, among other steps.

Read more at: https://www.reuters.com/business/autos-transportation/us-minerals-projects-seek-more-support-washington-compete-with-china-2025-12-04/

#India’s push for self-reliance in #RareEarth Magnet making is laudable

A collection of various rare earth magnets in different shapes and colors, displayed prominently in an industrial setting, with flags of India in the background.

Presently, there are a few small Indian companies engaged in manufacturing rare earth magnets. The industry needs a big push to feed the new generation of industries – from electric vehicles to fighter aircraft engines, wind turbines, and laptops to mention a few. Lately, it has come into a big focus as the world is moving towards electric vehicles. Rare earth magnet is a crucial component of electric vehicles (EVs). Fortunately, India has large rare earth deposits. Globally, it ranks third after China and Brazil.

The demand for rare earth magnets in India is expected to increase sharply in the coming years, driven by the expansion of EV manufacturing, increasing electronics output, defence production, industrial automation and renewable energy generation. For the present, the country uses rare earth magnets to the extent of 4,000 tonnes per year, mostly through imports. Among the companies currently manufacturing rare earth magnets in India are: IREL (India) Limited, Permanent Magnets Limited, Ashvini Magnets Private Limited, Star Trace, Eriez Magnets, Kumar Magnet, Sonal Magnetics, A to Z Magnet Mfg. Co. and Pragati Enterprises. The demand for rare earth magnets is projected to double by 2030. Lately, China has imposed restrictions on exports. Earlier this year, China slapped export licenses for seven types of rare earth elements and derivative products.

Posted on October 19, 2016

Read more at: https://thenorthlines.com/indias-push-for-self-reliance-in-rare-earth-magnet-making-is-laudable/

#Indian Govt clears Rs 7,280 crore scheme to boost #RareEarth magnet manufacturing

A manufacturing facility in India with workers, machines, and an Indian flag displayed prominently.

An official government release stated, “This first-of-its-kind initiative aims to establish 6,000 Metric Tons per Annum (MTPA) of integrated Rare Earth PM IndiaPermanent Magnet (REPM) manufacturing in India, thereby enhancing self-reliance and positioning India as a key player in the global REPM market.”

The government plans to allocate the proposed capacity to up to five beneficiaries through a global competitive bidding process, with each eligible for a maximum of 1,200 MTPA. The scheme will run for seven years, including a two-year gestation period to establish fully integrated REPM manufacturing facilities and five years of incentives linked to actual sales.

October 19, 2016 

Read more at: https://www.financialexpress.com/policy/economy-govt-clears-rs-7280-crore-scheme-to-boost-rare-earth-magnet-manufacturing-4056521/

#Canada has to act before the critical minerals window closes

Canada is entering a pivotal era, one in which leadership in critical minerals will determine our economic resilience and national security as global supply chains shift away from dependence on China.

Nickel is at the centre of this race and one of the resources in which Canada can once again become a global leader. The federal government’s referral of the Crawford Project to the Major Projects Office makes it clear that Ottawa understands the importance of what is unfolding in northeastern Ontario.

Read more at: https://ca.finance.yahoo.com/news/mark-selby-canada-act-critical-110021145.html

#US, #SaudiArabia strike deal to build #RareEarths refinery in the #Kingdom

An industrial facility with tall structures and pipes, featuring a US flag and a Saudi flag in a desert landscape.

Rare earths company MP Materials is partnering with the US military and Saudi Arabia’s flagship mining company to build a rare earth refinery in the Kingdom, in a move that aims to diversify the global critical minerals supply chain.

Saudi Arabian Mining Company (Maaden) and the Pentagon will create a joint venture to process rare earth materials from Saudi Arabia and other parts of the world to supply the US and Saudi manufacturing and defense sectors.

Read more at: https://english.alarabiya.net/News/saudi-arabia/2025/11/19/us-saudi-arabia-strike-deal-to-build-rare-earths-refinery-in-the-kingdom

#Canada #Nickel’s #Crawford Project referred to the Major Projects Office

In a rapidly shifting global landscape, we are building One Canadian Economy turbo-charged by major nation-building projects that unleash our natural resources, diversify our products and markets and create hundreds of thousands of high-paying careers for our workers, all while protecting the environment and upholding the rights of Indigenous Peoples. 

Honourable Tim Hodgson, Minister of Energy and Natural Resources, visited Canada Nickel Company’s Crawford Project to highlight the Government of Canada’s efforts to build one Canadian economy and build Canada’s leadership in the critical minerals sector.

The Crawford Project will serve as an anchor of Canada’s global leadership in clean industrial materials. Located in the world’s second-largest nickel reserve, the Crawford Project will produce high-quality, low-carbon nickel essential for batteries and green steel. With projected emissions 90 percent below the global average and the potential for a net-negative carbon footprint, it represents a model for the future of responsible mining. Canada Nickel is also planning an expansion to commence once mining operations have started, which would include producing other metals such as iron, cobalt, platinum, palladium and chromium; developing a nickel refinery for stainless steel and electric vehicle markets; and planning to construct a stainless steel and alloy production facility. The project is expected to attract $5 billion in investment and could create 4,000 new careers, securing Canada’s place at the forefront of the clean economy.

Read: https://www.canada.ca/en/natural-resources-canada/news/2025/11/canada-nickels-crawford-project-referred-to-the-major-projects-office.html

Partner #BHP’s exit will not affect #Kabanga project, says #Tembo #Nickel

A group of construction workers in safety vests and helmets gathered at a mining site, with a large 'Ni' sign in the background, signifying nickel mining activities.

Dar es Salaam. The planned groundbreaking ceremony for the Kabanga Nickel Project, set for October this year, will go ahead as scheduled despite BHP Group’s decision t sell its 17 percent stake in Kabanga Nickel Limited (KNL) to Lifezone Metals Limited.

Lifzone, the parent company of KNL, announced on July 18 that it had completed a definitive agreement with BHP Billiton (UK) DDS Limited to acquire the mining giant’s entire equity interest in KNL. As a result, Lifezone now owns 100 percent of KNL, which in turn holds an 84 percent stake in Tembo Nickel Corporation Limited (TNCL) – the operating equity for the Kabanga project.

Read more at: https://www.thecitizen.co.tz/tanzania/news/national/partner-s-exit-will-not-affect-kabanga-project-says-tembo-nickel-5128920

Western #Canada holds potential to become a ‘critical minerals processing behemoth,’ expert says

A group of battery metal exploration companies and startups says it has a plan to turbocharge Canada’s critical minerals sector by building out “midstream” mineral processing facilities in Western Canada.

Two reports published by the Battery Metals Association of Canada, which hired analysts at the Transition Accelerator to consult with their members, identified nine critical minerals — copper, graphite, iron, nickel, lithium, phosphate, rare earths and vanadium — and five regions where they see big opportunities for major projects.

For example, British Columbia has at least four producing copper mines, which all ship their copper concentrate overseas, primarily to China, because there are no smelters in Western Canada. Building a copper smelter could encourage copper production and exploration while also creating higher-value products to sell, the reports said.

“If you wanted to put together a critical minerals processing behemoth anywhere in the world, the assets that we have in Alberta to do that are just phenomenal,” Bentley Allan, a professor of political economy at Johns Hopkins University and a principal at Transition Accelerator, said. “It has the chemical processing expertise, the clean power resources, other kinds of machining and precision instruments, which make Alberta a really incredible place to do this.”

Read more at: https://financialpost.com/commodities/mining/western-canada-critical-minerals-processing-behemoth

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